RE:I hope Morningstar Quant is rightSorry, it's not.
Best quick and dirty valuation on this thread is a detailed industry-insider take:
https://stockhouse.com/companies/bullboard?symbol=t.cff&postid=31248970
Morningstar is better than charlatan nonsense like Zacks, but I doubt the method was anything more than status quo + a few cents. It is predicated on a reasonable status quo. This one is not due to being (1) the most unloved stock in (2) an uncool industry with horrid valuation multiples, and (3) suffering the overhand of abysmal leadership, with (4) a tone-deaf and illogical business strategy.
Well, the tide is rising, and all this cash is making (2) change. Then (3 &4) drove (1), who would expect a decent valuation in this case? In any case, the true fair value is Black4444's $2.90 in liquidation, with upside should changes to my points happen (likely). You can see why fair value is much higher.
I mean, just check the accounting book value -- I'd take that over Morningstar any day (it's $2.47).